Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/108222
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Type: Journal article
Title: The effect of economic integration and institutional quality of trade agreements on trade margins: evidence for Latin America
Author: Florensa, L.
Márquez-Ramos, L.
Recalde, M.
Citation: Review of World Economics, 2015; 151(2):329-351
Publisher: Springer
Issue Date: 2015
ISSN: 1610-2878
1610-2886
Statement of
Responsibility: 
Luis Marcelo Florensa, Laura Márquez-Ramos, María Luisa Recalde
Abstract: This paper studies the effects of economic integration, as well as the institutional quality of existing trade agreements in Latin America, on the margins of trade. The analysis is performed on bilateral exports of goods from 11 member countries of the Latin American Integration Association (LAIA) over the period 1962–2009. The authors distinguish the effects of different levels of integration on trade margins and different ‘‘timing’’; and they go further by considering the effect of institutional quality of trade agreements on different sectors. Their results provide evidence of the benefits of regional integration, which is in line with LAIA members’ development and industrialization objectives.
Keywords: Regional integration; institutional quality; extensive margin; intensive margin; LAIAl; panel data
Rights: © Kiel Institute 2015
DOI: 10.1007/s10290-015-0209-x
Published version: http://dx.doi.org/10.1007/s10290-015-0209-x
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